Stella-Jones Inc (TSE:SJ) – Equities researchers at Desjardins issued their FY2019 earnings estimates for shares of Stella-Jones in a report issued on Monday, March 18th. Desjardins analyst B. Poirier anticipates that the company will post earnings per share of $2.44 for the year. Desjardins also issued estimates for Stella-Jones’ FY2020 earnings at $2.67 EPS.
Separately, Royal Bank of Canada decreased their price target on Stella-Jones from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research note on Monday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$50.29.
Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Friday, March 15th. The company reported C$0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.44 by C($0.14). The company had revenue of C$432.80 million during the quarter, compared to analysts’ expectations of C$417.40 million.
Stella-Jones Company Profile
Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, and panelized railway crossings; and construction timbers.
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